Hanley Glass & Windows Limited - Abbreviated accounts 16.1

Hanley Glass & Windows Limited - Abbreviated accounts 16.1

HANLEY GLASS & WINDOWS LIMITED - Company Information

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REGISTERED NUMBER: 05542364 (England and Wales)













Hanley Glass & Windows Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2015






Hanley Glass & Windows Limited (Registered number: 05542364)






Contents of the Abbreviated Accounts
for the year ended 31 October 2015




Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

Hanley Glass & Windows Limited

Company Information
for the year ended 31 October 2015







DIRECTORS: M F Flemming
L Flemming





SECRETARY: M F Flemming





REGISTERED OFFICE: Lymore Villa 162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7SB





REGISTERED NUMBER: 05542364 (England and Wales)





ACCOUNTANTS: Slaters & Co Accountants
Lymore Villa
162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB
Page 1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Hanley Glass & Windows Limited

The following reproduces the text of the report prepared for the directors in respect of the
company's annual unaudited financial statements, from which the unaudited abbreviated
accounts (set out on pages three to six) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Hanley Glass & Windows Limited for the year ended 31 October 2015
which comprise the Profit and Loss Account, the Balance Sheet, the Cash Flow Statement, the Statement of
Total Recognised Gains and Losses and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Hanley Glass & Windows Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hanley Glass & Windows Limited and state those matters that we have agreed to state to the Board of Directors of Hanley Glass & Windows Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hanley Glass & Windows Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hanley Glass & Windows Limited. You consider that Hanley Glass & Windows Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hanley Glass & Windows Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the company's members as a body. To the fullest extent permitted by law, we
do not accept or assume responsibility to anyone other than the company and the company's members as a
body for our accountancy work for this report.






Slaters & Co Accountants
Lymore Villa
162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB


19 February 2016

This page does not form part of the abbreviated accounts

Page 2
Hanley Glass & Windows Limited (Registered number: 05542364)

Abbreviated Balance Sheet
31 October 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 15,000 16,500
Tangible assets 3 18,208 691
33,208 17,191

CURRENT ASSETS
Stocks 7,878 7,202
Debtors 23,691 28,905
Cash at bank and in hand 19,651 17,076
51,220 53,183
CREDITORS
Amounts falling due within one year 28,712 29,455
NET CURRENT ASSETS 22,508 23,728
TOTAL ASSETS LESS CURRENT
LIABILITIES
55,716
40,919

CREDITORS
Amounts falling due after more than one
year
15,390
-
NET ASSETS 40,326 40,919

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 40,324 40,917
SHAREHOLDERS' FUNDS 40,326 40,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these abbreviated accounts

Page 3 continued...
Hanley Glass & Windows Limited (Registered number: 05542364)

Abbreviated Balance Sheet - continued
31 October 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 19 February 2016 and were signed on
its behalf by:





L Flemming - Director


The notes form part of these abbreviated accounts

Page 4
Hanley Glass & Windows Limited (Registered number: 05542364)

Notes to the Abbreviated Accounts
for the year ended 31 October 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoice value of goods and services provided, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2014
and 31 October 2015 30,000
AMORTISATION
At 1 November 2014 13,500
Amortisation for year 1,500
At 31 October 2015 15,000
NET BOOK VALUE

At 31 October 2015 15,000
At 31 October 2014 16,500

Page 5 continued...
Hanley Glass & Windows Limited (Registered number: 05542364)

Notes to the Abbreviated Accounts - continued
for the year ended 31 October 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2014 1,269
Additions 23,494
At 31 October 2015 24,763
DEPRECIATION
At 1 November 2014 578
Charge for year 5,977
At 31 October 2015 6,555
NET BOOK VALUE
At 31 October 2015 18,208
At 31 October 2014 691

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
2 Ordinary £1 2 2

Page 6